HR 1498

112th CONGRESS
1st Session

H. R. 1498

To require the lender or servicer of a home mortgage, upon a request by the homeowner for a short sale, to make a prompt decision whether to allow the sale.

IN THE HOUSE OF REPRESENTATIVES

April 12, 2011

Mr. ROONEY (for himself and Mr. ANDREWS) introduced the following bill; which was referred to the Committee on Financial Services


A BILL

To require the lender or servicer of a home mortgage, upon a request by the homeowner for a short sale, to make a prompt decision whether to allow the sale.

SECTION 1. SHORT TITLE.

SEC. 2. PROMPT DECISION REGARDING SHORT SALE.

`SEC. 129I. PROMPT DECISION REGARDING SHORT SALE.

END